Environmental scanning – meaning nature and scope, economic and non-economic environment, interaction between internal and external environments, overview of political, socio- cultural, legal, technological and global environment.
Industrial policies of the post 1991. Monetary policy: Objectives, credit control tools.Fiscal policy: Objectives, budget, direct and indirect taxes, revenue and expenditures of the union and the state. Recent Foreign Trade and Exim policies. Disinvestments in Indian public sector Units since 1991.
Determinants, major issues of development India as a developing economy, contribution of different sectors( primary, secondary and tertiary) to Indian economy, growth in tertiary sectors in recent years, business cycle- features, phases,
National income estimates in India- trends in national income– methods of measurement – income method , product method and expenditure method, – difficulties in measuring national income
Major industries – Electronics, Automobile, Textiles, Development of Private Sector- MNC in India, WTO and India.- SWOT Analysis of Indian Economy.
Monitory aggregates – Money Market and Capital Market- Role of FDI in Economic development – SEBI – Functions and achievements – Stock Exchange – BSE-NSE. Depository system in India- (Options, Futures and Derivatives)
RBI – Role and functions- Banking Structure Reforms- Narasimhan Committee Recommendations- Financial sector reforms - E- Banking in India – Objectives, trends and practical uses- Recent Technological Developments in Indian banking (ATM, Debit and Credit Cards, EMT, EFT, Etc.)
Meaning and Importance- Major issues in infrastructure with special reference to Railways, Road transport and Power – Development of IT Sector for in India – its contributions to Indian economy – Importance of Human resources development- Major thrust areas in human resource development.